
190.25 USD (+13.9%)
16 analysts
What does it do?
Landstar System is a provider of truckload freight transportation and logistics services in the US and Canada, operating an asset-light model that subcontracts to a network of agents and independent carriers.
Key points
from its scores- ✓Strong growth7.7
- ✓Good share-price trend7.7
- ✓Very solid balance sheet7.5
- ✕Demanding valuation3.6
- !Average business quality5.8
AI analysis
bottom line, main risk, context and newsThe combination of strong growth and a clean balance sheet is attractive, but the high valuation limits upside potential in the short term.
Landstar shows solid financial health with net cash (Net Debt/EBITDA of -0.85) and robust growth (revenue +18.1%, earnings +20.1%), although its valuation is demanding (P/E 43.26, EV/EBITDA 22.29) and its operating margin is thin (4.61%).
The main risk is the demanding valuation (P/E 43.26) in a thin-margin business (operating margin 4.61%), where any slowdown in freight demand could compress earnings and trigger a multiple de-rating.
Context and risks
Landstar operates as a truckload freight services provider in the US and Canada, with an asset-light model that subcontracts to independent carriers. Its exposure to the macro context is limited: it does not depend on commodities or conflict-affected shipping routes, and its balance sheet shows net cash, so the rise in interest rates does not materially affect its cost structure or financing.
Is Landstar System stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 62% above the Industrials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 43.3 | 25.4 | +70% |
| EV / EBITDA | 22.3 | 14.5 | +54% |
| Price / book | 6.8 | 4.1 | +67% |
| Price / sales | 1.1 | 2.1 | −45% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.6 out of 10 (median for Industrials: 5.0).
Average analyst target: 190.25 USD, +13.9% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.8 (sector 5.8), Growth 7.7 (sector 6.6).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- P/E
- 43.3
- Forward P/E
- 21.8
- EV / EBITDA
- 22.3
- Price / book
- 6.8
- Price / sales
- 1.1
- PEG
- 0.91
- Market cap
- 5.7B USD
- Enterprise value
- 5.5B USD
Profitability
- ROE
- 15.0%
- ROA
- 7.3%
- ROIC (approx.)
- 23.6%
- Gross margin
- 19.0%
- Operating margin
- 4.6%
- Net margin
- 2.6%
- Free cash flow
- 96.7M USD
- FCF yield
- 1.7%
- Cash conversion
- 39%
Solvency
- Total debt
- 139.1M USD
- Net debt
- −208.6M USD
- Cash
- 347.7M USD
- EBITDA
- 244.9M USD
- Net debt / EBITDA
- −0.85
- Debt / equity
- 16.62
- Current ratio
- 1.82
- Quick ratio
- 1.74
Growth
- Revenue growth
- +18.1%
- Earnings growth
- +20.1%
- EPS (TTM)
- 3.86 USD
- EPS (forward)
- 7.65 USD
Dividend
- Dividend yield
- 1.1%
- Payout
- 41.4%
Risk and market
- Beta
- 0.89
- Analyst consensus
- Hold (16)
- Target price
- 190.25 USD
- 52-week range
- 121.12 – 228.46
Recent news
All LSTR news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Landstar System
Is Landstar System stock cheap or expensive?
On P/E and EV / EBITDA, it trades 62% above the Industrials median on average. Valuation score: 3.6 out of 10 (median for Industrials: 5.0). Average analyst target: 190.25 USD, +13.9% versus the price. This is not investment advice.
What score does Landstar System get on MeridIAn Screener?
It scores 6.1 out of 10, rank 911 of 2,130 (better than 55% of the companies analysed). Its strongest category is Growth (7.7) and its weakest, Valuation (3.6). Analysis of 08/10/2026.
What is Landstar System's P/E ratio?
Its P/E is 43.3: the share price equals 43.3 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 21.8.
How much is Landstar System worth on the stock market?
Its market capitalisation is 5.7B USD and its enterprise value, debt included, is 5.5B USD.
How much debt does Landstar System have?
It has more cash than debt: net cash of 208.6M USD.
Does Landstar System pay a dividend?
Yes: its dividend yield is 1.05% and it pays out 41% of its earnings.
How has Landstar System stock performed over the last year?
It has risen 37.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 121.12 and 228.46 USD. Past performance does not guarantee future results.
What do analysts think of Landstar System?
16 analysts cover it; their average recommendation is “Hold” and their average target is 190.25 USD (+13.9% versus the price). It is an estimate, not market data.
